LimeFx Review 2023 Trade CFDs on 250+ Assets
Contents
Here, you can find extra indicators and robots for automated trading. The wide range of learning materials available at LimeFx makes the broker a great choice for traders who want to expand their knowledge. Throughout our LimeFx review, we were impressed with the quality of the educational content which includes videos, e-books, online courses, and tutorials.
It features numerous customizable features and various market indicators. Traders that use LimeFx will have access to the widely-used MT4 platform. It is available across mobile, desktop, and the web version.
Recommended Forex Brokers
For example, gold and silver accounts can be useful for the new traders, and the professionals can use Pro and the Platinum type of accounts. As per our review, this broker offers many deposit and withdrawal options for its users. The withdrawal request process takes around 3 to 5 working days for the amount to be reflected in the trader’s bank account. As we have discovered during our review, LimeFx is a reputable broker that offers you accessible terms and a good trading environment. LimeFx offers free demo accounts, which let you try out and navigate through the platform. The demo account includes all features and functionalities of a real account without needing to deposit any funds.
- When our experts analyzed the specific costs of both brokers, we found that LimeFx is the better option.
- They are always connected with the world of financial markets even when they are away from their desktop or laptop.
- Whilst the platform lets you invest in Bitcoin CFDs you are not able to buy or sell actual Bitcoin on the site.
- Certain jurisdictions, such as Iran and North Korea are not supported, but this is often the case for all financial services organisations.
Actual product may vary.Our LimeFx review cannot be complete without mentioning the platform’s customer support options. Available on Mondays to Fridays between 07.00 and 17.00 GMT, the team can be reached via live chat, telephone, email and web form. These options provide a comprehensive way to get assistance whenever you need it. Actual product may vary.LimeFx does not directly support any cryptocurrencies, however, it offers a variety of crypto CFDs which you can invest in.
CityIndex offers 84 currency pairs, 5 cryptocurrencies, and 4,500 stocks and shares. XTB offers 49 currency pairs, 25 cryptocurrencies, and 1750 stocks and shares. Finding a reliable forex and CFD broker is not an easy task. New brokers constantly come and go, and it’s often hard to know whether a certain broker is regulated and can be trusted. That’s it – Once you have completed the registration process and made your first-time deposit, you can start trading.
Inactivity Fee
These include Facebook, Boeing, Alibaba, Berkshire Hathaway, Cisco, eBay, Intel, Microsoft, Pfizer, and more. Yes, LimeFx is operated by FXBFI Broker Financial Invest Ltd, which has a license from the Cyprus Securities and Exchange Commission . Under this license, LimeFx is subject to strict regulations and guidelines. The broker is also a member of the Investor Compensation Fund and all live accounts come with negative balance protection too. Regardless of which method you use, our review team found that the LimeFx support team will get back to you promptly. You can also use these methods, including live chat, from your smartphone so that you’re never stuck with a query or a problem.
LimeFx offers several trading account types – The Silver account, Gold account, Platinum account, and Pro Exclusive account. Each account was specifically created for a different level of trading. Here are some of the differences in the account types offered by LimeFx. When it comes to trading platforms, LimeFx offers investors to choose between its own proprietary LimeFx WebTrader platform or the popular MT4. Spreads on popular currency pairs start as low as 0.03 pips, which is impressive when you consider this is not an ECN broker. Rollover swaps are also competitive, and there are discounts available for certain account holders.
You can learn more by reading our LimeFx and XTB reviews. As XTB has 1,800+ and LimeFx has 350+, a difference of 349, this shows that XTB offers more opportunities to diversify your trading portfolio. In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are.
What are the assets you can trade with LimeFx?
Some of the deposits that are made through debit and credit cards need to send a copy of the card. Risk Disclaimer – Trading with CFDs has a high risk of losing money. The Financial Authority of Cyprus regulates LimeFx and it operates with FXBFI Broker Financial Invest Ltd, which is the parent organization of LimeFx. Moreover, they are registered with MiFID , which implies that the user’s funds are secure even if the organization goes bankrupt. Help future customers by talking about customer service, price, delivery, returns & refunds. Over 61 days, the inactivity fee is 80 EUR, retroactive for all the dormant period .
Some of them were coming from them, but most of them didn’t. I looked the numbers up and they were reported as spam calls from various telemarketers and similar companies. I just emailed them that I am no longer interested and to delete whatever details they hold in my name. As long as they keep calling, I will keep denouncing them in all social media options available to keep other people to lose their money and be harassed by these criminals.
With this in mind, LimeFx has lower non-trading fees. As soon as your account has been approved by LimeFx’s support team and you are ready to start trading the live market, you can then fund your account. As LimeFx is CySEC regulated broker, it requires new users to verify their identity. The verification can be completed when you register for the first time, but you can also skip this step and upload the documents at a later date. The broker offers plenty of educational and market analysis resources including articles, webinars, VOD, eBooks, tutorials, and courses.
This platform can be used to execute the trades and helps the user analyze the financial markets easily. Metatrader 4 can be easily downloaded on any PC, and it also supports 18 languages. It can be accessed through any mobile application or web browser. The LimeFx platform offers a dedicated and professional customer support team who are available 5 days a week. They are highly knowledgeable, and they can be reached through live chat, email, and phone.
At LimeFx, our reviewers were impressed to find a wide range of depositing methods. You can fund your account via bank wire transfer, credit and debit card, Skrill, Worldpay, Solidpay, and eMerchantPay. The site sometimes freezes, but everything works fine in the application.
Platforms offered by LimeFx
When using the WebTrader, traders get access to various features including analysis tools, charting tools, all from their modern web browser. Using the MT4 downloadable application, traders have access to one of the most reputable trading platforms. The platform has been around for over ten years during which time it has earned a reputation for being reliable, secure, and comprehensive. Anything you need you can get on the MQL Marketplace or build yourself using MQL.
You can also deposit via bank transfer, although this has a significantly longer processing time. Both LimeFx and Trading212 offer powerful trading apps which are available on Android and iOS devices. The https://limefx.group/ two trading platforms are regulated and offer hundreds of CFDs, including cryptocurrencies and commodities. Moreover, both platforms share similar fee structures and do not charge commission fees on trades.
This app offers full access to some of the web platform features and connects to the MetaTrader 4 trading platform. It offers third-party software along with its in-house software to help the users. LimeFx is a regulated broker that offers CFDs on a limefx reviews variety of assets. The platform is accessible via the MetaTrader 4 trading platform, which is supported on both desktop and mobile devices. When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform.
Submission of all the necessary information and documents enable the company to process with your transaction after identity authentication process has been completed. The MT4 Web Trader is the web version of the classic Meta Trader. This platform lets you open and close positions conveniently through a web browser. As a result, no download is necessary, and you can access your account from your office computer or any other device. All your account details and trading preferences are securely stored on the web browser.
This isn’t something to be disappointed by, however, as it simply means that fair and flexible conditions are extended to every trader. In this review of LimeFx, we explore a CySEC regulated forex broker that has been operating since 2020. Despite having a relatively short history, LimeFx has already acquired hundreds of clients. All deposits are free of charge, except for payment processing fees that are charged by your payments service. We’re sorry to hear that you’re not happy with our service.
Which is better for beginners, LimeFx or CityIndex?
May be it was some system issue but as you didn’t reply on our request you’re not our client and we can’t investigate this case and offer you a solution. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. As mentioned above, LimeFx also offers an unlimited demonstration account with a balance of €10,000. Finally, the most crucial factor when choosing a CFD broker is the spreads. For those unaware, the spread is essentially the difference between the buy and sell price and is, in fact, the only fee you are paying when you enter into a position. To find out more about what LimeFx offer, and how to register for an account, continue reading our in-depth broker review.